Lippe Robert A 4
4 · Liquidia Corp · Filed Jan 13, 2023
Insider Transaction Report
Form 4
Liquidia CorpLQDA
Lippe Robert A
Chief Operations Officer
Transactions
- Award
Common Stock
2023-01-11+83,333→ 181,359 total - Award
Stock Option (Right to Buy)
2023-01-11−106,838→ 106,838 totalExercise: $6.17Exp: 2033-01-11→ Common Stock (106,838 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]25% of the RSUs shall vest on January 11, 2024 and the remaining RSUs shall vest ratably on a quarterly basis over three years thereafter.
- [F3]The options will vest ratably on a monthly basis over four years with the first vesting date to occur on February 11, 2023 and on the last day of each month thereafter.